PETREX 60BB
PETREX 60BB is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Willowbend Investments, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 8,704 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $15K, with roughly $3K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 4 barrels a month. Its strongest month on the record we hold was December 2021, at 400 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PETREX 60BB
- Who operates PETREX 60BB?
- PETREX 60BB is operated by Willowbend Investments, Inc., Railroad Commission of Texas operator number 927665.
- Where is PETREX 60BB?
- PETREX 60BB is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32713.
- Is PETREX 60BB still producing?
- PETREX 60BB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETREX 60BB is August 2026.
- How much has PETREX 60BB produced?
- PETREX 60BB has reported 8,704 barrels of oil (bbl) to the Railroad Commission of Texas between October 2012 and August 2026, from 1 wellbore.
- How much is PETREX 60BB worth?
- The remaining production from PETREX 60BB is estimated to be worth about $15K in total as of 26 August 2026, within a range of $0 to $30K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETREX 60BB is a fraction of it. The estimate fits an Arps decline curve to the production PETREX 60BB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETREX 60BB is an estimate of value, not an offer and not an appraisal.
- How much income does PETREX 60BB generate in a year?
- PETREX 60BB is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PETREX 60BB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Willowbend Investments, Inc. |
|---|---|
| Field | Willy-Dunc (Caddo) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 32713 |
| Wellbores | 1 |
| Reported production | 8,704 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where PETREX 60BB sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.